Outlet Podcast: Steve Brent on navigating wills, estate planning, and community giving to secure your legacy
Have you ever wondered what happens if you die without a will?
Discover the crucial importance of having a will, regardless of your age or financial status, on this week's Outlet Podcast with Steve Brent from RVG Law, Queenstown.
He explains the legal challenges and financial burdens that can arise when someone passes away intestate, and provides practical guidance on who should consider creating a will.
Host Brent Harbour and Steve also unpack common misconceptions about the necessity of having a will and walk through the key steps involved in the will-making process, including the vital aspects of guardianship for children and the inclusion of significant assets like your first home.
In the latter part of the discussion, they shift focus to estate planning and the profound benefits of incorporating community giving into your will. Steve and Brent weigh the pros and cons of online will preparation services against consulting a lawyer, highlighting how professional advice can help uncover nuanced issues. They also explore the lasting impact of including provisions for community foundations in your will, which can create a charitable legacy that benefits society long after you're gone.